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Business Leaders

Recession-scarred consumers weigh on the economy

Austan Goolsbee, former Council of Economic Advisors chair, and Steve Moore, Donald Trump economic advisor, discuss why consumers are still scarred from the Great Recession, low wage growth, and why the economy is the biggest issue for voters in 2016.


Why $50 Oil Is a Big Deal for Whiting Petroleum Corp.

Heading into 2016, Whiting Petroleum had hoped that oil would average at least $50 a barrel, the magic level at which the company would generate enough cash flow so that it could drill roughly the number of wells needed to keep production basically flat.


China's Markets Achieve "Flash Crash" Status

U.S. stocks are little changed in early afternoon trading on Monday, with the S&P 500 and the Dow Jones Industrial Average (DJINDICES: $INDU)down 0.24% and 0.51%, respectively, at 12:15 p.m. EDT -- nothing like the excitement witnessed in China's financial markets today.